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goji.go goji.go
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Posts: 5977
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9 years ago
A county was awarded a $900,000 expenditure-driven grant in year 1 for a capital project that is expected to take three years to complete. As of the end of Year 1 the county had incurred expenditures of approximately $50,000. The county should recognize Capital Projects Fund revenue at the end of Year 1 in the amount of
A.   $0.
B.   $50,000.
C.   $300,000.
D.   $900,000.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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9 years ago
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goji.go Author
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#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
9 years ago
You're very welcome!
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